[Source: Associated Press] Lake Elementary School, just a half-hour drive northeast of San Francisco, is a relic from 1957. Much of the school’s scuffed flooring is old linoleum that contains asbestos, as does the insulation around the school’s hulking old steel furnace where grey duct tape is wrapped around rusting pipes. “The heating system is Read More…
Tag: revenue bonds
California’s Brown pegs bullet train future to Democratic wave
[Source: Bloomberg] California’s $77 billion high-speed rail project, which has been dogged by cost overruns and delays, could receive much-needed federal funding if Democrats take control of Congress in November, Governor Jerry Brown said Wednesday. “When the Congress shifts” and lawmakers draft an infrastructure bill, Brown said he is optimistic they will provide $6 billion Read More…
Voters narrowly reject Proposition 53 and future votes on big infrastructure projects
[Source: The Log Angeles Times] Proposition 53, an effort that sought to force statewide votes to fund a major water project and the future of high-speed rail, failed in a late count of ballots Tuesday. An Associated Press tally of votes found the ballot measure, which had been trailing since election night, narrowly lost. Proposition 53 would Read More…